offline said:
OTBWY said:
It wouldn't affect the Japanese stock exchange lol. Zero effect. It was absolutely the Animal Crossing news. Which is why Nintendo is already recovering since new was released that it would start publishing games in China. That and Mario Run is the top selling game on iOS in 2017.
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It's hard to take you seriously when you choose to ignore simple facts. Of course the GOP tax bill has an effect on overseas stock markets. Here are a few articles to make it easier for you to understand.
http://uk.businessinsider.com/trump-tax-reform-bill-driving-stock-market-crazy-2017-11
Trump Tax Reform Bill Driving Stock Market Crazy
"Tech — While the selling in this space on Wednesday may have come as a surprise to some, it makes sense when you consider that the sector has the third-lowest tax rate out of any industry, according to data compiled by S&P Global. That means companies in the group have less to gain from a corporate tax cut, and investors are recognizing that by pulling money and allocating it elsewhere."
https://www.ft.com/content/c63761db-55e1-39ff-8f4c-007406b76ea0
Tech stocks sell-off continues in Asia Pacific
"Asia Pacific equities dipped on Thursday as a sell-off for technology stocks on Wall Street carried over into the region."
https://www.ft.com/content/f45648c2-22f4-32a3-a1b5-00fe8de6d3b9
Tech stocks sell-off reaches Europe
"Technology stocks are under pressure after the sell-off in the sector that began on Wall Street overnight reached Europe."
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I find it funny how desperately you want it to be like that, but let me let you in on something. The Nikkei is up. So are most European markets btw (even though it's a sidestep). Within 5 days too. Nice try, but it was Animal Crossing.
Not even my own words: It's literally your word, against the word of a economics PHD - Game industry consultancy CEO.
